sparnaðarlausnir

Sparnaðarlausnir is a term used in Icelandic law to refer to a type of discharge from liability. It is a provision that allows a party to be released from its obligations in certain circumstances. This term is derived from the Icelandic words "spara," meaning "to spare," and "lausnir," meaning "discharge" or "exemption."

In Icelandic law, Sparnaðarlausnir is governed by the Icelandic Civil Code, specifically section 2456, which sets out the conditions under which a party can be granted such a discharge. Generally, Sparnaðarlausnir is applicable in cases where a party is liable for damages or losses, but subsequent circumstances have rendered the original obligation void or impossible to fulfill.

The conditions for Sparnaðarlausnir to apply are typically based on one of two grounds: either that the damage or loss occurred due to circumstances beyond the control of the party liable (known as "ostsurða"); or that events have taken place after the occurrence of the damage or loss which have resulted in a significant change to the situation, rendering the original obligation impossible to fulfill (known as "avgrip" or " Wigig Paintingreading").

When Sparnaðarlausnir is granted, the party liable is released from its obligation to compensate the other party for damages or losses suffered. The court's decision regarding Sparnaðarlausnir is final and binding. Overall, the use of Sparnaðarlausnir allows Icelandic courts to adapt to changing circumstances and to relieve parties of burdensome obligations when justified by unforeseen events or circumstances.

As a concept in Icelandic law, Sparnaðarlausnir is distinct from discharges of liability under other laws, such as European Union law, which may offer different grounds and criteria for such discharges.